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What are the types of social security contributions?
Legal analysis: There are basically the following types of social security: First, social insurance for urban workers (including basic old-age insurance, basic medical insurance, unemployment insurance, work injury insurance and maternity insurance). Second, social insurance for urban flexible employees (including endowment insurance and medical insurance). Third, social insurance for urban residents (including endowment insurance and medical insurance). Fourth: Social insurance for rural villagers (including endowment insurance and medical insurance).
Legal basis: Article 72 of the Labor Law of People's Republic of China (PRC) determines the sources of social insurance funds according to the types of insurance, and gradually implements social overall planning. Employers and workers must participate in social insurance and pay social insurance premiums according to law.
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